Keryx Biopharmaceuticals, Inc. is conducting a private placement of stock to qualified institutional investors. The company is issuing 8 million shares of common stock at a price of $2.50, and will realize $20 million in…
Today, Spire Corporation announced that it has entered into two contracts to supply South Korea-based company Uni-CHEM Co., Ltd. with a 60 megawatt (MW) per year turnkey Cell Line and a 50MW per year turnkey…
Headquartered in Watertown, Massachusetts, A123 Systems, Inc. designs, develops, manufactures, and sells advanced, rechargeable lithium-ion batteries and battery systems. They do this for the transportation, electric grid services, and consumer markets. Founded in 2001, A123…
As the world economy begins to find its footing after recent economic events, companies are increasingly looking at costs and how to reduce and control them. In past years, capital was cheap and many institutions…
Life science company Helicos BioSciences Corp. focuses on genetic analysis technologies for the diagnostic market. The company today announced the sale of a system and relative collaboration with Correlagen Diagnostics Inc., a leader in genetic…
Cepheid, a diagnostics company focused on the biothreat market, last week made a joint announcement with Instrumentation Laboratory (IL), a worldwide developer, manufacturer and distributor of vitro-diagnostics instruments, reporting that Cepheid has received clearance from…
Corgenix Medical Corporation reported a net loss of $1.57 million, or $0.05 per share, for fiscal year 2009. Revenues were $8.06 million for the year, down from $8.35 million reported last year. Despite the loss,…
Ballard Power Systems, a world leader in clean energy fuel cell products, recently provided a status update to the supply agreement between the company and IdaTech and ACME Group. The supply agreement was for a…
Make no mistake about it, the economy has not been kind to investors and with this quasi-depression we have seen, most of the “Big Boys” and “Blue Chips” on Wall Street have felt the pain.…
Cavico Corp. has a proven track record of large-scale infrastructural development and natural resource exploitation in Vietnam. They announced yesterday the award of a contract from Vinh Son – Song Hinh Hydropower Joint Stock Company…
Ascent Solar Technologies Inc. develops thin-film photovoltaic (PV) modules designed to be more flexible and affordable than most traditional solar panels. The company today announced a five-year contract with TurtleEnergy LLC, a premium PV systems…
KSW Inc. operates through its wholly owned subsidiary KSW Mechanical Services Inc., which furnishes and installs heating, ventilating and air conditioning (HVAC) systems and piping systems for commercial, residential and public works projects. KSW has…
SmartHeat Inc. successfully raised equity capital through a public offering of its common stock. The company sold 8.33 million shares at a price of $9.00 per share, and received net proceeds of $69.5 million after…
Waste Services, Inc. (WSII) recently announced it would commence a note offering raising a total of $50 million in new capital. The company is offering 9.5% senior subordinated notes due 2014 in a private placement…
Neuralstem Inc. has patented technology which enables, for the first time, the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities. The company’s technology also has the ability…
Friday, GlaxoSmithKline (NYSE:GSK) and XenoPort, Inc. (NASDAQ:XNPT) announced top-line results from a Phase II-b clinical trial. The study evaluates the safety and efficacy of GSK1838262/XP13512 (gabapentin enacarbil) for neuropathic pain, associated with post-herpetic neuralgia (PHN)…
Siemens Corporate Research spin-off and Speedus Corp. subsidiary, Zargis Medical Corp., announced Friday that it has received U.S. Food and Drug Administration clearance to market the new Signal X6(TM) device. The company also announced that…
FieldPoint Petroleum Corp. is an oil and gas exploration, production and acquisition company primarily focused on Louisiana, New Mexico, Oklahoma, Texas and Wyoming. The company today announced the $4.4 million acquisition of a working interest…
Point.360 reported a net loss of $12.2 million, or $1.20 per share, in its fourth fiscal quarter. The company reported net income of $0.1 million, or $0.01, per share in the same quarter in 2008.…
Cavico Corporations, a young Vietnamese Company that has gained a global reputation as a leading infrastructure development company, reached a major milestone in its history with the announcement that their common stock has been approved…
Somanetics Corp. released results for its third fiscal quarter of 2009, ending August 31, 2009. The company reported net income of $2.2 million, or $0.17 per share. This was down from the $3.0 million, or…
CEL-SCI Corp (CVM) recently announced that it raised equity capital to fund further research and clinical trials of some of its drug candidates, including an anti cancer drug and one to treat swine flu. The…
U.S. Concrete, Inc. recently announced the divestiture of four concrete plants located in Sacramento, California. The company sold the plants for $6.0 million, plus an adjustment based on associated inventory transferred with the assets. In…
eDiets.com, Inc., a provider of personalized nutrition, fitness and weight-loss programs, recently announced that the company has entered into a $600,000 private placement with certain management members and the board of directors. The investment will…
A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County…
Hyperdynamics Corp. is an independent oil and gas company with operations in the Republic of Guinea which is located in West Africa. The company has the sole exploration and production rights over Guinea’s offshore region,…
Protalix Biotherapeutics, Inc. continues to make headlines with its innovative compound, a recombinant form of glucocerebrosidase (prGCD). Last week, the company released that its compound had received the FDA’s Orphan Drug Donation. Yesterday, the company…
ALR Technologies, Inc.’s stock is currently trading at $0.21, up 425%, on massive volume of 3.3+ million traded shares. Earlier this month, QualityStocks highlighted the company in its daily newsletter when the stock was trading…
Compton Petroleum Corporation released the terms of its recently announced $150 million equity offering. The company will issue 120,000 units at $1.25 each. Each unit comprises one share of stock and one warrant. Each warrant…
There is a hidden gem on the Toronto Stock Exchange and its name is Day4 Energy. Day4 has been gaining national recognition as a leading technology developer and manufacturer of high performance solar electric molecules.…
China Natural Gas, Inc. recently completed its secondary public offering of common stock, raising $47.5 million in net proceeds for the company. China Natural Gas, Inc. sold 5.725 million shares at a price of $8.75…
Today, Continucare Corporation announced its financial results for its fourth quarter and fiscal year ended June 30, 2009. Total revenue for the fourth quarter increased 14% to $75.3 million, compared to $66.1 million for the…
Maxygen, Inc. (NASDAQ: MAXY) is committed to developing superior versions of existing major protein pharmaceuticals. The company’s lead product candidates meet the demands of substantial market opportunities such as cancer and autoimmune diseases. Well positioned…
New Millennium Bank reported a loss of $161,000 in its second quarter ending June 30, 2009. The bank had strong growth in total assets, which rose 26.4% to $240.2 million. Net loans also increased by…
Earlier today, Protalix BioTherapeutics, Inc. announced exciting news regarding its proprietary plant cell, prGCD. The company has received notice from the U.S. Food and Drug Administration that the Office of Orphan Products Development has granted…
Kaman Corp. produces and/or markets widely-used products for various commercial firms and the military. The company announced today that the helicopter division of its subsidiary, Kaman Aerospace, has been awarded a five-year contract with a…
Butler National Corp. reported net income of $718,000 in its first quarter of fiscal 2010 (ending July 31, 2009). This was up 126% over the same period in 2008. Revenues were $6.06 million, up 17%…
Verenium Corporation is conducting a 1 for 12 reverse stock split to be effective on September 9, 2009. The stock split will reduce the number of shares outstanding from 111.3 million to 9.3 million. Verenium…
Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter…
Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter…